Zacks Research Has Pessimistic Outlook of F.N.B. Q1 Earnings

F.N.B. Corporation (NYSE:FNB) – Investment analysts at Zacks Research dropped their Q1 2027 earnings per share (EPS) estimates for shares of F.N.B. in a research report issued to clients and investors on Tuesday, February 10th. Zacks Research analyst Team now expects that the bank will post earnings per share of $0.44 for the quarter, down from their previous estimate of $0.45. The consensus estimate for F.N.B.’s current full-year earnings is $1.45 per share.

Several other equities research analysts have also issued reports on FNB. Truist Financial lifted their price target on shares of F.N.B. from $19.00 to $19.50 and gave the company a “buy” rating in a report on Thursday, January 22nd. Weiss Ratings restated a “buy (b)” rating on shares of F.N.B. in a research report on Monday, December 29th. DA Davidson downgraded shares of F.N.B. from a “strong-buy” rating to a “hold” rating in a report on Monday, October 20th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $21.00 price target (up from $20.00) on shares of F.N.B. in a research note on Thursday, January 22nd. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $19.60.

F.N.B. Stock Up 1.0%

Shares of NYSE FNB opened at $18.07 on Thursday. The company has a market cap of $6.47 billion, a price-to-earnings ratio of 11.58, a PEG ratio of 0.81 and a beta of 0.92. The company has a current ratio of 0.92, a quick ratio of 0.90 and a debt-to-equity ratio of 0.28. F.N.B. has a 12 month low of $10.88 and a 12 month high of $19.14. The stock has a 50-day moving average price of $17.64 and a two-hundred day moving average price of $16.55.

F.N.B. (NYSE:FNB) last announced its quarterly earnings data on Tuesday, January 20th. The bank reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.09. F.N.B. had a return on equity of 8.76% and a net margin of 20.98%.The business had revenue of $457.78 million during the quarter, compared to the consensus estimate of $457.87 million. During the same period in the prior year, the company earned $0.30 EPS.

F.N.B. Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 2nd will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Monday, March 2nd. This represents a $0.48 annualized dividend and a dividend yield of 2.7%. F.N.B.’s dividend payout ratio (DPR) is presently 30.77%.

Insiders Place Their Bets

In related news, insider James L. Dutey sold 40,000 shares of the firm’s stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $16.75, for a total transaction of $670,000.00. Following the completion of the transaction, the insider directly owned 49,936 shares of the company’s stock, valued at $836,428. This trade represents a 44.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Gary L. Guerrieri sold 15,000 shares of F.N.B. stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $17.67, for a total value of $265,050.00. Following the transaction, the insider directly owned 279,883 shares in the company, valued at $4,945,532.61. The trade was a 5.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.37% of the stock is currently owned by insiders.

Hedge Funds Weigh In On F.N.B.

A number of hedge funds have recently made changes to their positions in the stock. Tradewinds LLC. bought a new stake in F.N.B. in the third quarter valued at approximately $1,444,000. Pacer Advisors Inc. acquired a new position in shares of F.N.B. in the 3rd quarter worth approximately $1,097,000. KLP Kapitalforvaltning AS boosted its stake in shares of F.N.B. by 7.3% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 74,900 shares of the bank’s stock valued at $1,092,000 after purchasing an additional 5,100 shares during the last quarter. SG Americas Securities LLC boosted its stake in shares of F.N.B. by 155.4% in the 2nd quarter. SG Americas Securities LLC now owns 60,478 shares of the bank’s stock valued at $882,000 after purchasing an additional 36,796 shares during the last quarter. Finally, Stanley Laman Group Ltd. acquired a new stake in shares of F.N.B. during the second quarter worth $3,440,000. 79.25% of the stock is currently owned by institutional investors.

About F.N.B.

F.N.B. Corporation is a bank holding company headquartered in Pittsburgh, Pennsylvania. Through its principal subsidiary, FNB Bank, the company provides a broad range of commercial and consumer financial services. Founded in 1864 as the First National Bank of Pennsylvania, F.N.B. has grown through both organic expansion and strategic acquisitions to become a regional banking franchise.

The company’s main business activities include traditional deposit-taking and lending services, such as checking and savings accounts, mortgages, home equity lines of credit, and consumer and commercial loans.